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Asharq Al-Awsat

Business

Abu Dhabi - Asharq Al-Awsat

UAE's ADNOC Announces Three New Oil Discoveries

Oil ADNOC UAE Abu Dhabi Khaled bin Mohamed bin Zayed Al Nahyan

Some of the pipelines in the Bu Hasa, Abu Dhabi’s biggest onshore field. (WAM)

Abu Dhabi National Oil Company (ADNOC) announced Thursday three oil discoveries including one at Bu Hasa, Abu Dhabi’s biggest onshore field, with a crude oil production capacity of 650,000 barrels per day (bpd).

The discovery in Bu Hasa includes 500 million barrels of oil from an exploration well in the field, the company said in a statement, adding that the discovery offers “substantial additional premium-grade Murban oil resources.”

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